Tag Archives: Term insurance

Types of Term Life Insurance

A Term Insurance policy is a safety net for your loved ones in your absence. If you get a Term Insurance plan, your family gets paid a lump sum if you don’t survive the term of the policy. There are many types of Term Life Insurance. Choose one that suits you best. We’ll also tell you why getting your Term Life Insurance policy online is a good idea.

Why Aren’t People Buying Life Insurance?

With life insurance policies providing its customers so many goodies, it is very surprising to note that not many people in India even bother with buying life insurance. The question then becomes why? These are some of the most common reasons why people might not buy life insurance.

5 Questions You Need To Ask On Term Plans

If you’ve ever sat for hours in front of a Las Vegas slot machine plunking in coin after coin and waiting for those four 7’s to ching-a-ling into view, you know what it’s like to keep paying premiums towards your term plan without ever seeing a penny in return. Why then do people buy term… Read More »

How to remain insured even if you can’t pay your premium

Imagine you are building a fortress against an unseen enemy. If you require four outer walls bordering its periphery to complete the structure, would you build only three? Or, would you suddenly stop building the fortress and instead start focusing on a guesthouse inside it with the intention of selling it later? More ironically, would… Read More »

Mistakes to avoid when purchasing life insurance!

Life Insurance must be understood in the right perspective if an individual has a dependant/s who will be severely hampered if an unfortunate incident would befall him. Suresh understood this and set out to eliminate and avoid most pitfalls encountered when buying a life insurance. After all, he has a wife who is a homemaker… Read More »

Term Insurance – A necessity!

Understanding Term Insurance: Term Insurance is a plain life insurance plan. It is the simplest and most fundamental death benefit plan without any money back or maturity benefits. The Term insurance product is designed for a specified term (between 5-30 years) and provides benefit to the beneficiary if the policyholder dies during the covered term.… Read More »

Is it ULIPs or Term Insurance For You? Find out!

ULIPs are similar to mutual funds except that they provide life cover, tax benefits and need to be kept for long term. On the other hand, term insurance is actually insurance where your dependents get sum insured in case you die, but nothing if you outlive the insurance term. Both term plan and ULIP do… Read More »